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#305523 - 01/19/05 09:02 PM Segregation of Duties Back-Up
Anonymous
Unregistered

We have certain members of management who belive that because they are in the Top "you fill in #" people at the bank they think they should be able to initate and apporove their own GL slips (an OBVIOUS segregation of duties issue). Any regulatory guidance that suggests otherwise...I mean I know only EVERY other piece of information I have read notes this is not a best practice.

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Operations Compliance
#305524 - 01/21/05 04:13 PM Re: Segregation of Duties Back-Up
Anonymous
Unregistered

Anyone have any support with teeth??

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#305525 - 01/21/05 04:24 PM Re: Segregation of Duties Back-Up
PABanker Offline
Gold Star
PABanker
Joined: Dec 2000
Posts: 491
Blue Ball, PA 17506
Sarbanes-Oxley is what you need to look at as this has affected many procedures at every bank. Especially certain levels are more accountable for their actions as GL slips.

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